Tencent Music Confirms US IPO, Spotify Could Net $2.7B
Chinese internet giant Tencent confirmed it is spinning off its music unit with a US IPO. Details of the offering, which Tencent revealed in a Hong Kong stock exchange filing,. Continue reading
Spotify Is ‘Cash Flow Positive,’ says CEO Ek, Admits Hate Policy Handled Badly
Spotify CEO Daniel EK has now publicly admitted that the company handled the implementation of its new "hate content and hateful conduct" policy badly. More surprising was how the founder. Continue reading
Sonos Files For IPO At $3 Billion Valuation
Sonos is filed to go public as early as June, the Wall Street Journal reported on Wednesday. According to documents filed with the SEC, Sonos hopes to be valued at. Continue reading
Spotify Ends Solid First Trading Day At $26.7B Valuation
Spotify stock ended its first day as a public company with a valuation of $26.7 billion. The stock closed at $149.95 as more than 3o million shares traded hands at. Continue reading
Spotify [SPOT] Stock Trading At $161.24
Spotify stock was trading in the $161.24 per share range as of 1:30 PM ET on Tuesday, with bids reaching as high as $169 That's well above the $132 reference. Continue reading
It’s D(PO)-Day For Spotify [SPOT] – Mark Mulligan
Today is the day that Spotify debuts on the New York Stock Exchange. Analysts expect a bumpy ride, but while top music industry analyst Mark Mulligan of MIDiA is interested in. Continue reading
Spotify [SPOT] $132 Reference Stock Price Set For Debut Today
UPDATED: The New York Stock Exchange has set a $132 reference price for today's Spotify stock debut. More a guide then a rule, the actual opening price will be set. Continue reading
Spotify CEO Daniel Ek On Todays’ Stock Offering: “We are only in the second inning.”
UPDATE: As Spotify's first public stock offering debuts, co-founder and CEO Daniel Ek is urging both excitement and caution. "Our focus isn’t on the initial splash," writes Ek in a blog post,. Continue reading
